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Relaxed collateral requirements.
This Guarantee is provided by the Creative Europe Programme and the European Fund for Strategic Investment ("EFSI") set up under the Investment Plan for Europe. The purpose of EFSI is to help support financing and implementing productive investments in the European Union and to ensure increased access to financing.
Max. 2 000 000 EUR
|Products guaranteed under the Cultural and Creative Sectors Guarantee Facility program||
|Guarantee coverage||70 %|
SMEs with up to 249 employees , with an annual turnover up to BGN 97.5 million and / or an asset value up toBGN 84 million and Small Public Enterprises (these are enterprises with up to 249 employees) which owners and / or investors, such as universities or autonomous local authorities, have the status of a public body under national law and may hold shares of up to 50% in the undertaking.
Enterprises must operate in one of the activities in the field of culture.
In the last 24 months, the company must meet one of the criteria:
From highly qualified specialists with experience in the field of lending and financial services.
Address: Sofia 1407, 55 Nikola Vaptzarov Blvd, EXPO 2000
Phone: (+359 2) 91 985 101
Fax: (+359 2) 91 985 140